| Aberdeen Asset Management PLC is a global investment management group, managing assets for both institutional and retail clients from 33 offices in 25 countries around the world. Our goal is to deliver strong investment performance and exceptional client servicing across diverse asset classes in which we believe we have a sustainable competitive advantage.
We operate independently which allows us to focus solely on the needs of our clients. As at December 31st, 2013, we had C$340.7 billion of assets under management, with clients accessing our investment expertise in equities, fixed income, property and alternative solutions.
In Canada, subsidiaries of Aberdeen Asset Management PLC currently manage over C$13.6 billion in assets as at December 31st, 2013. The largest segments of our client base represent pension plans and sub-advisory relationships with some of the largest financial institutions in Canada. We also manage assets for universities, foundations and insurance companies.
| AllianceBernstein is a research-driven asset management firm that is global in scope and client-centered in its mission.
We believe research excellence is the key to better outcomes, so we’ve built research capabilities with exceptional breadth, depth and focus on innovation, on the buy-side and the sell-side.
Our asset-management client base spans the globe and has diverse needs; we’ve developed a broad array of global and local investment services that spans geographies, asset classes, styles and objectives for risk and return: from customized and packaged multiasset-class solutions to style-pure growth and value equity portfolios, blend equity strategies to fixed-income portfolios, and index services to alternative investments. We provide diversified investment management services worldwide to institutional, high-net-worth and retail investors.
AllianceBernstein also provides independent investment research, trading and brokerage-related services to institutional clients through Sanford C. Bernstein.
| Baillie Gifford Overseas Ltd.
Baillie Gifford manages C$9.5* billion for Canadian clients. The firm has been in business for over 100 years and is one of the leading privately owned investment management firms in the UK.
We have been managing money for Canadian clients for over 20 years and provide a variety of international, emerging markets and global equity portfolios for public and corporate pension plans in Canada, as well as a variety of non-pension plans.
The success of the firm has been largely built on the simple foundations of good performance, good service and low staff turnover. Independent ownership allows us to focus on the key areas of investment performance and proactive client service. Our partnership structure fosters stability and loyalty in our people and as investment management is our only business we have no conflicts of interest, which gives an extra clear focus to our clients’ needs.
Our structure combines the best of experience and international comparison. We believe that our analysis of individual business has added the most value for our clients. Not only has it helped us to produce steady returns from stock selection – we feel this to be a more reliable source of return because it is based on hundreds of separate decisions – but it has also alerted us to forthcoming wider macroeconomic challenges.
97 professional investors travel the world in search of new stock ideas but have the added advantage of a common home base in Edinburgh where they can compare opportunities face to face with colleagues and deepen their analysis to mutual benefit. It is a well-tried and tested system which we believe will stand us in good stead as we embark on our second century of investment management for leading institutional clients.
* As of December 31, 2013
| BNP Paribas Investment Partners is the dedicated asset management business of the BNP Paribas group and offers the full range of asset management services to both institutional and retail clients around the world. A client-centric organization, BNP Paribas Investment Partners is structured around three major axes: institutional, distribution, and Asia Pacific & emerging markets. With total assets under management of CAD 702 billion as of December 31, 2013, and around 3,200 staff operating in over 38 countries, BNP Paribas Investment Partners is dedicated to engaging with institutional clients and retail distributors to deliver relevant investment expertise.
Fischer Francis Trees & Watts (FFTW) is a global investment management firm providing active, fixed income strategies to institutional investors. With CAD 53.4 billion in assets under management as of December 31, 2013, FFTW manages single and multi-currency mandates across global, US, and emerging markets. FFTW became a wholly-owned subsidiary of BNPP Investment Partners in 2006 and is ultimately owned by the BNP Paribas group.
|Brandes is a leading investment advisory firm that specializes in managing global equity and fixed-income assets for clients worldwide. Since the firm’s inception in 1974, Brandes has consistently applied the value investing approach (pioneered by Benjamin Graham) to security selection and was among the first investment firms to bring a global perspective to value investing. The independently owned firm manages approximately $26 billion on behalf of clients in a variety of active investment strategies.|
| CIBC Mellon is a Canadian company exclusively focused on the investment servicing needs of Canadian institutional investors and international institutional investors into Canada. Founded in 1996, CIBC Mellon is 50-50 jointly owned by The Bank of New York Mellon (BNY Mellon) and Canadian Imperial Bank of Commerce (CIBC). CIBC Mellon's investment servicing solutions for institutions and corporations are provided in close collaboration with our parent companies, and include custody, multicurrency accounting, fund administration, unitholder recordkeeping, pension services, securities lending services, foreign exchange settlement and treasury services. As at December 31, 2013, CIBC Mellon had more than CAD$1.3 trillion of assets under administration on behalf of pension funds, investment funds, corporations, governments, insurance companies, foreign insurance trusts, foundations and global financial institutions whose clients invest in Canada. CIBC Mellon is part of the BNY Mellon global network, which as of December 31, 2013, had USD$27.6 trillion in assets under custody and/or administration and USD$1.58 trillion in assets under management. CIBC Mellon is the corporate brand of CIBC Mellon Trust Company and CIBC Mellon Global Securities Services Company and may be used as a generic term to reference either company or both companies collectively.
For more information – including CIBC Mellon’s latest knowledge leadership on issues relevant to institutional investors active in Canada – visit www.cibcmellon.com or follow us on Twitter @CIBCMellon.
|Launched in 2014, InstarAGF is a newly formed, independent alternative asset management firm. InstarAGF will launch a core infrastructure fund in 2014 which will provide global institutional investors with access to North American mid-market infrastructure opportunities. InstarAGF will make direct investments and co-investments with like-minded investors and strategic partners. InstarAGF is led by Gregory Smith, former CEO of Macquarie Capital Funds Canada and Managing Partner at Brookfield Financial. Gregory is also currently Chair of Canada’s Venture Capital and Private Equity Association (CVCA). AGF Management Ltd., one of Canada’s largest independent investment management firm with over $35 billion in AUM, is the co-founder of InstarAGF.|
| Nuveen Investments provides high-quality investment services designed to help secure the long-term goals of institutional and individual investors as well as the consultants and financial advisors who serve them. Nuveen Investments markets a wide range of specialized investment solutions which provide investors access to capabilities of its high-quality boutique investment affiliates—Nuveen Asset Management, LLC, Symphony Asset Management LLC, NWQ Investment Management Company, LLC, Santa Barbara Asset Management, LLC, Tradewinds Global Investors, LLC, Winslow Capital Management, LLC and Gresham Investment Management LLC, all of which are registered investment advisers and subsidiaries of Nuveen Investments, Inc. In total, Nuveen Investments managed approximately $219 billion as of December 31, 2012. For more information, please visit the Nuveen Investments website at www.nuveen.com.
Nuveen Asset Management, a premier investment boutique and affiliate of Nuveen Investments, offers clients an approach to investing that emphasizes quality and ingenuity. Our solutions span multiple asset classes, from traditional and specialized equity to taxable and municipal fixed income, in a broad range of investment solutions including mutual funds, closed-end funds, separately managed accounts, and institutional managed accounts. Our heritage demonstrates quality and innovation that stand the test of time.
| Presima is a wholly-owned subsidiary of nabInvest, the direct asset management arm of National Australia Bank (NAB Group). NAB Group is one the world's largest financial institutions. Presima is a boutique investment manager focused exclusively on global listed real estate strategies, with a track record dating back to 1999. Our investment professionals are located in Montreal, Canada. We leverage our investment universe and fundamental 'on-the-ground' research to construct Concentrated and Yield-oriented portfolios.
|Schroder Investment Management is a global asset management company with more than 200 years of experience in world financial markets. We manage approximately $291 billion globally as of December 31, 2011 in assets for clients around the world, including: public and private pension funds, endowments and foundations, major financial institutions (such as banks and insurance companies), intermediaries and advisors, high net worth individuals and retail investors. Schroders maintains one of the largest networks of offices of any dedicated asset management company, with more than 350 investment portfolio managers and analysts in 33 offices in 26 countries. As a research driven firm, we are committed to independence: more than 75 percent of the research used in our investment processes is produced in house. These capabilities and resources support a comprehensive range of products and services, covering all major investing regions and the entire range of asset classes and strategies. The company is a purely focused asset management business offering clients tremendous breadth in locally managed products, delivered through a fully integrated global distribution platform.|
| T. Rowe Price is an independent, global investment management firm with offices in Toronto and Baltimore, as well as in the Americas, Asia, Australia, and Europe. As of 30 September 2012, our 423 investment professionals manage over CAN$565bn. T. Rowe Price opened its Toronto office in 2007, and provides defined benefit investment services to some of Canada's leading corporations and public retirement plans who are located coast to coast.
The firm offers a full range of investment strategies across multiple asset classes, capitalizations, sectors, styles, and regions. Each of our strategies reflects our belief that in-depth, fundamental research and vigilant risk management can lead to consistently strong, long-term performance. For more information, please visit www.troweprice.com/institutional.
The T. Rowe Price group of companies includes T. Rowe Price Associates, Inc., T. Rowe Price International, Inc., T. Rowe Price Global Investment Services Limited, T. Rowe Price (Canada), Inc., and T. Rowe Price Global Asset Management Limited.
|Strategic Partner 2014|
| Founded in 1987, Integra Capital Management Corporation is a Canadian asset management firm that provides institutional investors of all sizes access to a broad spectrum of traditional and alternative investments from institutional third party investment managers located in Canada and around the world.
Through Integra Capital Limited, (“Integra”), its investment management subsidiary, Integra develops or offers investors access to institutional pools from a platform of over 30 third party investment management firms in addition to institutional pools managed by Integra. Integra offers institutional investors access on a single pool basis or utilizes a combination of pools to provide a customized multi-asset class, multi-manager portfolio solution. These portfolio solutions may also be delivered in a delegated framework where Integra works with your investment consultant.
Through its Global Advisor business line Integra sources business opportunities for over 25 third party investment management firms for referred separate account management assignments for Canadian pension plans and institutional investors.
Integra is registered as a Portfolio Manager and Exempt Market Dealer in every Province, as an Investment Fund Manager in Ontario, Quebec and Newfoundland and as a Commodity Trading Manager in Ontario.
|Service Partner 2014|
| Causeway Capital Management LLC, established in 2001 and based in Los Angeles, California, provides investment management services to corporations, pension plans, public retirement plans, Taft-Hartley pension plans, endowments and foundations, mutual funds, charities, private trusts, wrap fee programs, sovereign wealth funds, and other institutions. The firm, wholly-owned by its employees, manages approximately $28 billion in total assets as of December 31, 2013. Causeway has a 20-person investment staff including seven fundamental analysts and eight fundamental portfolio managers; two quantitative analysts and three quantitative portfolio managers.
Causeway manages five main equity strategies: non-U.S. developed, global developed, emerging markets, global/international opportunities (developed and emerging) and global absolute return. Causeway's value equity strategies use team-based, value-driven investment disciplines that combine in-depth research and analysis, active portfolio construction, and proprietary risk management. Causeway’s emerging market strategy is managed entirely by our quantitative research group. More information on Causeway's strategies and the firm's investment philosophy and team is available online at www.causewaycap.com.
| Kew Advisors provides securities finance structuring advice to increase transparency, mitigate risk and increase portfolio returns. We work to optimize securities lending, margin financing and collateral management activities. For Investment Managers, we offer:
We expand insight into managing service providers and trading counterparties and provide guidance to optimize securities financing and collateral management processes.
We conduct counterparty due-diligence and review documentation with a focus on reducing risk and increasing transparency for our clients. Our disciplined approach ensures providers are operationally and commercially aligned with our client's risk tolerance.
We supplement the relationship investment managers have with their service providers, working with both to reduce financing costs and increase income from the lending of securities.
| The Canadian Gold Reserves and Canadian Silver Reserves Exchange Traded Receipt (ETR) Programs were established by the Royal Canadian Mint to provide a secure, efficient and convenient exchange traded investment directly in either physical gold or silver bullion. The Mint is a commercial federal Crown corporation founded in 1908 producing circulation, numismatic and bullion coins for the domestic and international markets. The Mint also operates full-service gold and silver refineries with a range of services from refining to assaying and secure storage. Gold and Silver ETRs are TSX listed in both CAD and USD under the ticker symbols MNT/MNT.U and MNS/MNS.U respectively. ETRs are eligible for all Canadian registered plan accounts. All bullion is held in custody at the secure facilities of the Royal Canadian Mint. Backed by the AAA credit rating of the Canadian government, each ETR constitutes a direct unconditional obligation of the Mint, an agent of Her Majesty in right of Canada. For more information on ETRs please visit our website at: www.reserves.mint.ca.
| Russell Investments (Russell) is a global financial services company that serves institutional investors, financial advisors and individual investors.
Russell’s core capabilities extend across capital markets insights, manager research, portfolio construction, portfolio implementation and indexes. Integrating these competencies, Russell provides an extensive range of solutions and services including multi-asset solutions, implementation services, strategic advice, and global performance benchmarks that can be customized to meet the unique needs of institutional investors.
Russell has approximately C$272.7 billion* in assets under management (as of 12/31/2013) and works with over 2,500 institutional clients, independent distribution partners and individual investors globally. Russell has four decades of experience researching and selecting investment managers, and meets annually with more than 2,200 managers around the world. It is trusted by many well-known worldwide institutions for investment advice and has $2.6 trillion in assets under advisement. Russell brings a comprehensive range of implementation services including exposure management and trading services to institutional investors, which are designed to help them maximize their assets. In 2012, Russell traded more than $1.4 trillion through its implementation services business. Russell also calculates approximately 700,000 benchmarks daily covering 98% of the investable market globally, which includes more than 80 countries and more than 10,000 securities.
Russell is headquartered in Seattle, Washington, USA and has more than 20 offices worldwide including, in Canada, a principal office in Toronto and subsidiary offices in Vancouver and Montreal.
For more information about Russell Investments Canada Limited, visit http://www.russell.com/ca/institutional.
Data as of December 31, 2012, unless otherwise noted.